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MIT expert warns US debt burden could weigh on the economy
The expert argues the issue is not only whether the roughly $40 trillion debt is sustainable, but also how growing costs could affect economic growth.
MarketWatch highlights concerns from an MIT expert about how the United States frames its federal debt problem. The story says the debt may be sustainable, but that rising burdens could still become troublesome for the broader economy.
According to MarketWatch, the expert cautions that focusing solely on sustainability misses the potential economic impact of growing debt related costs. The report frames the debate as a question of consequences for the economy, not just the debt’s theoretical viability.
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